Educational Incentives $($LO $2\mathrm{.}14)$

For married taxpayers filing a joint return in $2022,$ at what AGI level does the phase$-$out limit for contributions to Section $529$ plans start?

a$.$ $$110,000$

b$.$ $$220,000$

X c$.$ $$190,000$

d$.$ There is no phase$-$out limit on Section $529$ plan contributions.

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established to meet qualified higher education expenses $($a savings$-$type plan$).$

Qualified Tuition Programs and Educational Savings Accounts differ in contribution limits but are alike in that contributions are not deductible.